Sears is Shedding Stores Through an Online Auction Format

Some Sears Holdings locations are being sold online, eBay-style. The retailer is attempting to offload 16 locations through auctions on the Real Insight Marketplace site, according to The Wall Street Journal. The sale and leaseback deals are being managed by Cushman & Wakefield, which reportedly began shopping the boxes around in February. “We feel that…

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